Skechers Buys Out India Joint Venture
SKX is purchasing the minority share in Skechers South Asia Pvt. Ltd. which will make it a wholly-owned subsidiary of the company. The Indian business has been growing rapidly in recent quarters, and along with China has driven the company’s international expansion. 2018 saw double-digit increases in Indian wholesale and retail sales and an 80% increase in ... Log in to view full article.